Define an optional limit of credit or debit of a transaction category about minimily HOT 4 OPEN

from minimily.

How Minimily would address this case:

• Monthly deposits of 200 per month = Monthly transfers from your TD account to the TFSA account. There is no categorization of transfers. This is just movement of money between accounts.
• extract a maximum of 5000 per year = Yearly transfer from the TFSA account to the TD account. Also a movement of money between accounts.

from minimily.

from minimily.

Take a pay cheque, for example. In a steady job, we know how much we earn every month. That's the minimal limit. Anything else is extra.

If your life cost is a minimal of 3000 per month, then consider that the sum of the limits of all your incomes should be greater than or equal to 3000, otherwise it won't be possible to pay the bills.

Therefore, if the sum of all income transactions doesn't cross the minimal limit, then a red flag should be raised.

from minimily.